Flat in Northern Cyprus. City - Iskele
North Cyprus real estate is one of the most sought-after queries among buyers and investors looking for modern housing by the sea with developed infrastructure, high construction quality and convenient location. A new 3-bedroom apartment is offered in a modern residential complex completed in March 2026. This is an excellent opportunity to buy or invest in real estate in North Cyprus: an apartment near the beach, with pools, cafes, a park area and all necessary urban infrastructure.
🏡 Property description
A modern 3+1 apartment in North Cyprus with quality finishes and a well-thought-out layout is ideal for comfortable living, vacationing or investing in North Cyprus real estate.
• 4 rooms (3 bedrooms + living room)
• 2 fully equipped bathrooms with underfloor heating
• Open-plan living room with a built-in kitchen
• Built-in wardrobes in all bedrooms
• Laminate flooring (wood-look) in the living rooms
• Apartment area: about 93 m²
• Spacious terrace: 22 m²
🌊 View and location
The apartment is located on the 10th floor with a beautiful view of the pools, cafes and the green park area of the complex. This is an ideal option for those looking for real estate in North Cyprus near the sea and with developed infrastructure.
🏊 Complex infrastructure
The residential complex offers a comfortable standard of living and all necessary amenities:
• Pools
• Cafes and recreation areas
• Park area
• Elevator and modern maintenance
📍 Location
Excellent location for living and investing in North Cyprus real estate:
• 15 minutes on foot to the beach
• Shops and restaurants nearby
• Developed infrastructure of the area
• Convenient transport accessibility
In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Iskele; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Cyprus finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Cyprus takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Iskele short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (199 657 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Iskele: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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